This is one of the new modifications proposed by MPs to the Public Finance Management Act. If the changes are approved, the maximum for foreign corporations bidding on taxpayer-funded projects would be raised from Sh500 million to Sh5 billion, as reported by the Kenyan news publication, The Star.
Foreign enterprises in Kenya will now be barred from participating in government bids worth less than Sh5 billion and will be limited to providing labor services solely.
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